Huadian Power International Corporation Limited’s Net Profit Rose 137.2% in First Quarter of 2023

Huadian Power International Corporation Limited (华电国际电力股份有限公司) (600027.SH) reported a net profit of 1.2 billion yuan in the first quarter of 2023, up 137.2% year-on-year.

Meanwhile, the company posted 32 billion yuan in revenue, up 11% year-on-year.

At the end of the reporting period, it had 223.2 billion yuan in total assets and 148.3 billion yuan in total liabilities, with a liability-to-asset ratio of 66.4%.